I suppose, I blame this on the fact we’ve had to rebuild our finances after the recession of 2009 and even 2010. We’ve needed to be carefully with our cash and very strategic on where we spent it – even to the point of being boring.
Being conservative is fine but inevitably it has an effect on morale (and people pick up on it). Thankfully, it has never caused us any real issues but I’ve been aware of it in the back of my mind. Gladly though, I think we are finally in a position to be a little bit more adventurous.
Historically, we have always paid ourselves (the business
owners) as customers paid our invoices - sometimes waiting sixty day for some accounts
to clear. As part of the wave of changes I am making this year, the first thing
I have done is ensured that the people who own DrivenByQ are now be paid on the same
day we send invoices – just like the rest of our team.
Bringing payments forward like this has delivered a lump sum
of cash to the owners of DrivenByQ and generated a feel good factor. In
addition we’ve integrated Google Maps in to our software. It has saved time in
lots of areas and become a real novelty. Right now there is a new enthusiasm
and excitement in our team - just like the good old days; and I have to admit.
I like it!